$1,700,000

For sale

3740 W Hallandale Beach Blvd, Hollywood FL 33023

4,220 sq ftBuilt 1960MLS# A12072546

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About this property

3740 & 3744 W Hallandale Beach Boulevard present an opportunity to acquire a well-located 8-unit multifamily portfolio in Pembroke Park, consisting of four 1-bedroom/1-bath units and four 2-bedroom/1-bath units. The properties offer approximately 4,220 SF of combined building area on a substantial 14,000 SF lot and currently generate approximately $153,600 in Gross Operating Income. Several windows have been replaced with impact windows, providing an improvement to the property's condition and durability. Strategically positioned along Hallandale Beach Boulevard, the property offers convenient access to I-95 and US-441, while being approximately 13 minutes from Fort Lauderdale-Hollywood International Airport, 15 minutes from the beach, and 20 minutes from Downtown Fort Lauderdale and Downtown Hollywood. With a desirable unit mix, strong rental location, substantial land component, and current income in place, the property offers an attractive multifamily investment with potential for continued rental growth and future upside.

Property details

Property type
Multi-family
Year built
1960
Living area
4,220 sq ft
Price per sq ft
$403
Property taxes
$7,960/yr
Parking
10 spaces
Building / community
Lake Forest Sec 4 Resub P
Status
For sale
MLS #
A12072546

Listing courtesy of Fausto Commercial Realty Consultants Inc.

Location

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